#Unemployment

Karl Handscomb

karlhandscomb

Well, compared to nothing, this is something. But a short thread on why this is a terrible idea and the Government should make the £20/week boost permanent.https://twitter.com/Steven_Swinford/status/1350370127397740544 First, it's a

Julian Jessop

julianHjessop

FWIW, I’ve been comparing my UK economic forecasts with those of the #OBR. There is a much more positive story than the Chancellor told in Wednesday’s #SpendingReview #SR20 Let’s start

AndrewStettner

pelhamprog

Today is a terrible day that should not have come. Up to 14 million jobless workers will be cut off of federal CARES Act benefits that President Trump has chosen

Alice Evans

_alice_evans

This trend is global, but is the gender ratio is more/ less extreme in some places; if so, why?Has anyone compared country variation in men's share of job losses? Is

Matt Darling 🌐💸🌇

besttrousers

"Audit the Fed" is a remarkably silly bill.https://twitter.com/RepThomasMassie/status/1080882491043573762 Their audited financial statements are available: https://www.federalreserve.gov/monetarypolicy/bst_fedfinancials.htm Their

Lena Simet

LenaSimet

A new report by @srpoverty finds that 176 million people could fall into poverty. Weak & patchy social protection is insufficient to make up for the post-2008 austerity legacy that

cumtown gf

chad_waifu

you must have missed the part where taxes pay for schools, roads, the criminal justice system, welfare (food stamps, unemployment, insurance, etc), and to keep the government functioning. we have

Ben Casselman

bencasselman

Tomorrow morning, @BEA_News will release its prelim. estimate of second-quarter gross domestic product. Not much drama on the headline: It will show a historic decline in economic output.But the way

The End Times

TheAgeofShoddy

One thing I don’t think the people emphasizing unemployment insurance and peripherals as a part of aid realize is that, on an emotional and perhaps moral level, a lot of

Peter S. Goodman

petersgoodman

Just making sure my reality aligns with the clever market watchers: so bezos being worth $200bn while tens of millions lose jobs, health care homes is not a sign of

Ben Grimes

DontAskJeeves

America *should* have a social safety net, but in reality our system has been overwhelmingly twisted to punish the people who need it most, subjecting them to labyrinthine requirements and

Ben Casselman

bencasselman

The Pandemic Unemployment Assistance program has helped millions of Americans who are left out of the normal unemployment system, and has helped keep the economy from suffering even worse damage.It

BLIИKTWIƆE™ ᵇ ˡ ᵐ #WeLoveYouJeongyeon

MlNACHAEYU

Wealth gap, largest wage disparity, all time high unemployment rate since the late '90s financial crisis, homelessness that primarily affects the Korean elderly, sexism, violence against women, highest suicide among

Jesse Livermore

Jesse_Livermore

THREAD: The economic harm of trying to induce short squeezes What's the economic harm? Obviously, if a bubble forms that bursts, extreme wealth transfer will occur from late buyers to

Conor Walsh

Conor_A_Walsh

It's Australia Day. A painful day for many, and increasingly a day of national reflection. Perennial troll farm, the Institute of Public Affairs, chose today to publish a report they've

Heidi Shierholz

hshierholz

I am an economist and I am very much not worried about this. 1/https://www.washingtonpost.com/road-to-recovery/2021/02/17/unemployed-workers-retraining/ In the aftermath of any recession, when the unemployment rate is still elevated, *witho

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